> After those reforms were loosened in the 1980's and 90's, they became routine. Correlation is not causation. 1973 marks the end of Bretton-Woods i.e. abolish

> After those reforms were loosened in the 1980's and 90's, they became routine. Correlation is not causation. 1973 marks the end of Bretton-Woods i.e. abolishing the Gold standard and, hence, an unprecedented expansion of the monetary base. The 1970s are remembered for their high inflation rates similar to today. Inflation also helped the Federal Government to finance its Vietnam war. Since 9/11 the FED is printing money like crazy which helped the government to finance its wars in Afghanistan and Iraq. With the Covid crisis monetary expanded like never before. Now we have a banking crisis, high inflation rates and a looming recession. But you tell me it’s because of the bank bosses‘ boni. That’s exactly what I meant with „go inform yourself“ — it’s not meant to sound rude but it’s about understanding what’s really going on. It’s the warfare state needing cheap money and credit. It’s not you and me. Especially not the American worker. That’s why I was directing my comment to left-leaning citizens: Learning about monetary and general economic theory will sharpen your arguments and help you to win your fight for a more egalitarian and free American society. May I suggest this little classic on money and banking: https://mises.org/library/what-has-government-done-our-money https://mises.org/library/what-has-government-done-our-money You’re welcome. ;)